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15 Translink Avenue Western Junction, TAS 7212

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15 Translink Avenue Western Junction, TAS 7212

Warehouse, Factory & Industrial
Sold Price

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Land area

0.57ha (1.4 acres)

Floor area

1100.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

09 Jun 2016

Invest in ASX Listed Tenant

Superior standard industrial warehouse/distribution property fully leased to Nufarm “…the largest manufacturer of crop protection products in Australia”.

Nufarm's northern Tasmania service centre within the Translink Precinct nearby Launceston Airport provides select investors an opportunity to enhance their investment portfolios with the strength of a national and international Lessee.

• Lease to Nufarm Limited – ASX Listed
• Lease commenced November 2008
• Lease tenure, with options to 2028
• Current passing rent $173,000 (approx.)
• Lessee pays outgoings including insurance
• High quality, low maintenance building and associated improvements
• Land holding of 5,651 sqm
• Premier location

Negotiable at “offers over $1.6 million” – may reflect double-digit return.

Property ID: 501836926Last Updated: 4 May 2017

15 Translink Avenue
Western Junction, TAS 7212

Agency contacts

Knight Frank - Launceston

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Knight Frank - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
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Rodney Rawlings
Knight Frank - Launceston
15 Translink Avenue Western Junction, TAS 7212

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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